Tipsheet
What matters at India’s listed companies
Earnings · Agriculture · Micro cap

Bombay Super Hybrid Seeds reports flat profit as revenue dips 4%

FY26 revenue fell 4% to ₹34,408 lakhs. Net profit barely moved, inching up from ₹2,640 lakhs to ₹2,666 lakhs.

1 earlier story on Bombay Super Hybrid Seeds Ltd.
Mkt cap₹959 cr
P/E35.98×
ROE25.22%
Debt / eq.0.88
₹34,408 lakhs FY2026 revenue, down from ₹35,876 lakhs.

What's new

  • FY2026 net profit was ₹2,666 lakhs, up less than 1% from ₹2,640 lakhs.
  • Annual revenue slipped 4% to ₹34,408 lakhs from ₹35,876 lakhs.
  • Q4 saw a seasonal revenue uptick versus the year-ago quarter, but fell sequentially from Q3.

Why this matters

The numbers confirm a business standing still. Revenue is down, profit is static, and the filing offers no new guidance or strategic update. For a micro-cap in a seasonal business, this is a confirmation of inertia.

What we're watching

  • Any commentary on seed-demand trends for the upcoming kharif season.
  • Whether the board addresses slow revenue growth or signals a strategic shift.
  • The impact of the flat profit line on the micro-cap's thin liquidity.

The full read

Bombay Super Hybrid Seeds is a micro-cap in the seed business. For FY2026, it reported revenue of ₹34,408 lakhs, down from ₹35,876 lakhs the prior year. Net profit was ₹2,666 lakhs, barely changed from ₹2,640 lakhs. Hardly anything moved. The business is seasonal; Q4 revenue was higher than a year ago but fell from Q3. The filing contains no new guidance or strategic pivot, just a statement of what already was. The board also re-appointed the internal auditor, a standard procedure. For a company this small, the results are a confirmation of inertia, not a catalyst.

Questions answered

How did Bombay Super Hybrid Seeds' profit change year-over-year?
Net profit was virtually unchanged, coming in at ₹2,666 lakhs for FY2026 compared to ₹2,640 lakhs in FY2025. The growth was less than 1%.
What was the revenue trend?
Full-year revenue fell 4% to ₹34,408 lakhs from ₹35,876 lakhs. While Q4 showed a seasonal improvement versus the same quarter last year, it declined from the preceding third quarter.
Did the filing contain any forward-looking guidance?
No. The filing is a standard audited results release for the full year and fourth quarter. It provides no new guidance or strategic commentary beyond the numbers.
What other matters did the board approve?
The board approved the re-appointment of the company's internal auditor. This is a routine governance procedure with no material implication.
Mentioned: Bombay Super Hybrid Seeds Ltd. · ₹34,408 lakhs (FY26 Revenue) · ₹2,666 lakhs (FY26 Net Profit)
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on BSHSL →
  1. 25 May 2026 · 6:28 PM IST Bombay Super Hybrid Seeds reports flat profit as revenue dips 4%
  2. 41d ago Bombay Super Hybrid Seeds reports flat annual profit